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Author Topic: Why more people Trad to this 3curency USDT BTC ETH?  (Read 279 times)
Amman MD321 (OP)
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October 24, 2020, 04:48:20 PM
 #1

Ya this question is very good 🙂
The more people will be Tred to this day 3 currency in the world, Because this is a one of the Best earning money for futur ,But this coin market value hinght in the crypto marketing, So more people will be trading this 3 currency iny opinion 🙂
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October 24, 2020, 05:44:48 PM
 #2

because they are at the top of the rankings and have an amazing volume per day that's absolutely absolute if I look at it

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October 24, 2020, 07:03:06 PM
 #3

These will remain the most used because money lies in these, especially the people who are active traders will know what i mean.
Let me put it simply, due to being top coins these have the biggest volume, liquidity and price action so it is a lot easier to trade these than low volume coins.

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October 24, 2020, 07:22:00 PM
 #4

Ya this question is very good 🙂
The more people will be Tred to this day 3 currency in the world, Because this is a one of the Best earning money for futur ,But this coin market value hinght in the crypto marketing, So more people will be trading this 3 currency iny opinion 🙂

Top cryptocurrencies and stable coin.
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October 24, 2020, 07:59:15 PM
 #5

Ya this question is very good 🙂
The more people will be Tred to this day 3 currency in the world, Because this is a one of the Best earning money for futur ,But this coin market value hinght in the crypto marketing, So more people will be trading this 3 currency iny opinion 🙂
Liquidity.
They are the most liquid cryptocurrencies and that's the reason why most of the volume is coming from those cryptocurrencies. Do you want to trade in an altcoin that doesn't really have volume or that much buyers and sellers?



 

 

 

 

 

 


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October 24, 2020, 08:11:26 PM
 #6

Bitcoin is the base currency in the space and everyone wants to have it, Ethereum is most successful Alltcoins and has the strongest Dapps on it, so most of these tokens trade against it, and when you want to enter into take profit but do not want to get back into Fiat, you go for USDT.


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October 24, 2020, 08:18:26 PM
 #7

People trade into those 3,USDT, BTC & ETH because they are the best and highest rated cryptocurrency for exchange ever since, most people invest in them because they don't take too long rise. It is far more reliable than others.they are at the highest level of liquidity. Most other coin and block are coming after this 3. There exchange is also easy and cheap.
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October 24, 2020, 08:21:22 PM
 #8

because the third cryptocurrency above is major pairs in crypto market my friend
wich mean most of exchange use the three coins above as the main pair for all cryptocurrencies in the market
and thats why the trading volume from USDT, BTC and ethereum will always high

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October 24, 2020, 09:29:13 PM
 #9

Bitcoin is the base currency in the space and everyone wants to have it,
We don't have a based cryptocurrency not even bitcoin and that's what the value of decentralization is, everyone is free in doing everything with their money, if they prefer using btc,usd or eth that's not our problem anymore. What will matter is our understanding on these currencies, bitcoin as the most respected crypto of all time is definitely getting a high trading volume then ethereum as it is called the queen of cryptos/altcoin and then the USDT because it is a globally used currency

Ethereum is most successful Alltcoins and has the strongest Dapps on it, so most of these tokens trade against it, and when you want to enter into take profit but do not want to get back into Fiat, you go for USDT.
But to be honest, I see ethereum as a potential next big thing in crypto given its many use cases than bitcoin.

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October 24, 2020, 09:45:53 PM
 #10

Ya this question is very good 🙂
The more people will be Tred to this day 3 currency in the world, Because this is a one of the Best earning money for futur ,But this coin market value hinght in the crypto marketing, So more people will be trading this 3 currency iny opinion 🙂
We can say that these three has the most volume in trading and traders love to make money through volumes, because it always pump and dump. Well, this is not just the option for a trader maybe they just want to trade a more consistent coins so they can easily read and analyze its price movement but I’m sure traders are also looking into many tokens to trade for, you have to create many options when you trade.

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October 24, 2020, 09:49:01 PM
 #11

simply because most of people already used to trade them and they did it not out of the blue but because the liquidity is huge and I assume everyone who wants to send money, paying bill, etc with crypto will just settle with eth, btc or usdt. Other alts are usually only used for some form of investment but these three is an exception.

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October 25, 2020, 04:43:03 AM
 #12

Bitcoin is King of crypytocurrency and many people use Bitcoin to buy altcoins in BTC and altcoin trading pairs.
ETH is the King of their own space, the space of ERC20 tokens and DeFi tokens. Everyone who want to invest in ERC20 tokens or DeFi tokens will need use ETH for their orders and transactions
USDT is very popular because people think it is a biggest and best stable coins. They use USDT for their investment orders of BTC/ USDT, Altcoins/ USDT or tokens/ USDT.

USDT and stable coins are centralized and they can be frozen in your wallets.

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October 25, 2020, 04:51:21 AM
 #13

liquidity

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October 25, 2020, 05:05:18 AM
 #14


USDT and stable coins are centralized and they can be frozen in your wallets.

Not all of the stable coins,  Only centralized ones, Dia is a decentralized stable coin, but I still believe that if the owner of that coin or token wants to freeze the money in a wallet he/she can do it, the same thing that happened after kucoin hacking, some coins like ORN changed their smart contract and with a 1:1 swap, the tokens in hacker wallet were unusable, also because of blockchain everything is clear unless they use privacy coins which is not very accessible recently based on the exchanges policy.
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October 25, 2020, 05:27:00 AM
 #15

Why BTC, ETH and USDT. Everyone must have known that these three coins are indeed the most traded. To be sure BTC and ETH are the top and best coin taverns right now. For USDT, since it is a stable coin it must be people who want to keep their asset value. Going to use USDT and of course USDT trading is huge.

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October 25, 2020, 05:51:11 AM
 #16

Bitcoin has the most liquidity. Ethereum is the largest altcoin and is used on most DEXs. Tether is an intermediary that can be used instead of the US dollar in order to circumvent regulations and it is more convenient than using traditional methods of transferring fiat currencies. There have been attempts at having other base currencies but there is usually very little demand and volume is low.

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October 25, 2020, 06:42:46 AM
 #17


Usdt, BTC and Ether are the top 3 coins on market cap with highest treading volume. Trading is easier when there is liquidity, the 3 coins are usually listed on all exchange pairs and can be easily be swap or traded for other coins, that's why it's always used by most people though I prefer Usdt because of stability.

Another reason is p2p and local exchanges. Transactions on most p2p exchanges requires that 3 top coins, hence it makes life easier to make transactions without stress. Converting coins into fiat most of the times are either in Btc, Ether or Xrp because of their fast transactions.

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October 25, 2020, 07:10:08 AM
 #18

Because ethereum and bitcoin exist here for too long so those coins having investors, holders, and traders, and also these coins has different usage other than trading.USDT is here for trading purposes, mainly to avoid the long waiting time and avoid the expenses when we move our profits from a trade.
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October 25, 2020, 08:07:58 AM
 #19

Ya this question is very good 🙂
The more people will be Tred to this day 3 currency in the world, Because this is a one of the Best earning money for futur ,But this coin market value hinght in the crypto marketing, So more people will be trading this 3 currency iny opinion 🙂

Those are big major coins so its only normal to have been traded the most especially bitcoin and eth. Usdt only been traded and act as a neutral fiat for doing futures, not actually a big token or coin to look forward since its stablecoin. But for me Im using other pair than this, due to possibility of being locked out. Dont trust usdt and choose a better pair for it. Its not that I dont like it but this token is owned by a capitalist and tycoon they can control your funds if they wanted too.

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October 25, 2020, 08:58:50 AM
 #20

Not all of the stable coins,  Only centralized ones, Dia is a decentralized stable coin, but I still believe that if the owner of that coin or token wants to freeze the money in a wallet he/she can do it, the same thing that happened after kucoin hacking, some coins like ORN changed their smart contract and with a 1:1 swap, the tokens in hacker wallet were unusable, also because of blockchain everything is clear unless they use privacy coins which is not very accessible recently based on the exchanges policy.
Who write smart contract has key to shut it down or write a new one and make a swap. SUSHI do you remember a drama with SUSHI?

Stable coins are targets of governments because of there are flow of money from darknets and dark markets try to launder their money with stable coins. Governments when they have reasons and proofs, they can ask creators (if they know) of stablecoins to freeze money in wallets.

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